Video Game Streaming Service Playcast Raises $10 Million

Playcast is a cloud-based service that lets you play high-end video games without the need for a console. Playcast has raised $10 million in Series B funding. MK Capital led the round of funding. Playcast previously raised $2 million funding in 2009. Currently Playcast is based in Portugal and they plan on expanding to Asia and Western Europe soon. The funding will be spent on expanding distribution agreements.

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